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Takeda Ukraine & Bulgaria Earn #8 Global Ranking in Best Places to Work 2024

LONDON, UK – Media OutReach Newswire – 5 June 2025 – Takeda, a global value-based, R&D-driven biopharmaceutical company, has been proudly recognized as one of the Top 10 Best Places to Work in the World for 2024, achieving the No. 8 global ranking by both Ukraine and Bulgaria countries. This prestigious recognition underscores Takeda’s commitment to creating a workplace that embraces diversity, equity and inclusion (DE&I), fostering an empowering culture across all locations it operates. This accolade reflects Takeda’s consistent focus on employee well-being, trust-based leadership, and a people-centered approach to business. At Takeda, we are committed to delivering an exceptional employee experience by cultivating an inclusive, purpose-driven workplace where our people can grow both personally and professionally. Being recognized as a Best Place to Work reflects our unwavering dedication to building a culture where every colleague feels valued, supported, and empowered to thrive. Volodymyr Pedko, General Manager of Takeda Ukraine, shared: “It gives me great pride to receive this recognition during such challenging times! It stands as a testament to the exceptional quality of work and everyone’s commitment to building and sustaining an innovative and inclusive workplace in our organization.” Todor Kesimov, General Manager of Takeda Romania & Bulgaria, commented: “I am extremely proud that Takeda has been recognized as one of the top ten employers in the world for 2024. This confirms our efforts to build a culture of trust, care, and respect in every country, including Bulgaria. This recognition inspires us to continue building a better future – for our employees, for patients, and for society.” Hashtag: #BestPlacesToWork https://bestplacestoworkfor.org/ The issuer is solely responsible for the content of this announcement. About Takeda Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com. For more information, please visit the program website: www.bestplacestoworkfor.org.

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OPPO Licenses Cellular Standard-Essential Patents to Volkswagen Group for Connected Vehicles

SHENZHEN, CHINA – Media OutReach Newswire – 5 June 2025 – Leading smart device company OPPO today announced the signing of a global patent licensing agreement with Volkswagen Aktiengesellschaft (hereafter referred to as Volkswagen) to license OPPO’s cellular standard-essential patents portfolio to the group, including 5G. Under the agreement, OPPO’s cellular standard-essential patents will be licensed to Volkswagen to enhance user experiences for its connected vehicle offerings across its global product lineup. “We are delighted to collaborate with Volkswagen through this patent licensing agreement,” said Vincent Lin, Head of Patent Licensing at OPPO. “Volkswagen IP team’s hard work and foresights in recognizing the value of this cooperation are highly appreciated. This partnership is further recognition of OPPO’s leadership in cellular technology innovation and our commitment to creating a long-term, healthy and sustainable intellectual property ecosystem that empowers long-term innovation and industry growth.” “The partnership with OPPO is an example of efficient, respectful, business focused collaboration in the space of licensing of Standard Essential Patents,” said Robin Cefai, Chief IP Licensing Officer at Volkswagen. It illustrates Volkswagen’s willingness to recognize the value of IP and find sustainable solutions for all parties. Marking OPPO’s first ever bilateral patent licensing agreement with a connected-car company, the collaboration reflects the broader adaption of OPPO’s cellular standard-essential technologies beyond smartphones, especially in the automotive sector. OPPO’s 5G SEPs are currently distributed in over 40 countries and regions globally, and according to LexisNexis® IPlytics, a leading patent analytics platform, OPPO ranked eighth globally in overall 5G patent strength as of January 2025. As of March 2025, OPPO has filed over 113,000 patent applications and holds more than 62,000 granted patents globally. OPPO continues to invest in core technology areas including 5G/6G, artificial intelligence, charging, imaging, and video, reinforcing its position as a global leader in innovation and high-value intellectual property. Hashtag: #OPPO #Business The issuer is solely responsible for the content of this announcement. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services. OPPO has footprints in more than 70 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

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National Youth Council, KPMG in Singapore and Institute of Public Relations of Singapore (IPRS) co-design youth action programme for youths to drive social sustainability projects with industry mentors

Launch of Gen2050, a structured accelerated programme to drive youth action in the area of social sustainability with an engagement series on key social issues Avails opportunities for youths from all backgrounds to start ground-up initiatives with the support of industry mentors and subject matter experts Provides youths with critical skillsets such as stakeholder management and seed funding to advance innovative ideas SINGAPORE – Media OutReach Newswire – 5 June 2025 – The National Youth Council (NYC), KPMG in Singapore and Institute of Public Relations of Singapore (IPRS) today unveiled a youth action programme, Gen2050, to nurture youths’ ability in tackling pressing societal challenges. The tripartite collaboration aims to bring together expertise and support of the public, private and non-profit sector in the areas of youth engagement, industry perspectives and mentorship. Two-prong programme to enable youths to drive meaningful change As part of commemorating SG60, Gen2050 seeks to equip more than 1,000 youths with practical skills to influence, mobilise and drive meaningful change. The programme aims to reach out to youths of all backgrounds, including students with disadvantaged backgrounds, to provide easy access to critical skills and competencies including social entrepreneurship, problem solving, stakeholder management, and knowledge to develop impactful and scalable solutions. Gen2050 offers two tracks – a structured programme with four key modules led by industry experts who will share insights to help participants develop and refine their ideas, and receive funding and mentorship to pilot them. The mentorship process also allows students to be plugged into professional networks where they get to discover potential career paths. Following the programme, selected participants of this track may be considered for national youth leadership programmes. The second track features a curated series of youth engagements that offer youths the opportunity to directly engage with policymakers, industry leaders, and peers to discuss critical societal issues like the impact of artificial intelligence on jobs, equitable access to digital skills and mental wellness. These insights from these engagements will support the development of the SG Youth Plan, a five-year action plan that holds the hopes and aspirations of young Singaporeans for themselves and for Singapore, and outlines how youth, supported with opportunities, platforms, and resources, can take action to do good for Singapore with the support from the rest of society. Gen2050 demonstrates how public-private collaboration amplifies youth-driven impact. NYC brings its expertise in youth engagement and understanding of the youth landscape, KPMG supports programme implementation with industry insights and its Leaders 2050 network of young professionals focused on driving positive impact. IPRS equips youths with strategic communication skills to augment the impact of their solutions. “This tripartite collaboration demonstrates how the whole of society, and not just government, can collaborate as a collective to give our young people opportunities to learn, grow and drive impact at the same time,” said David Chua, Chief Executive Officer of NYC. “And if they do not succeed in implementing their ideas, they will still gain invaluable lessons, connections and insights that will shore up their confidence. We also aim to give youths with less access the opportunity to go through this programme.” “Young people have the passion and energy to address the pressing challenges of our time, from social sustainability to climate change,” said Lee Sze Yeng, Managing Partner, KPMG in Singapore. “Channelling that restlessness into collaborative movements that drive meaningful progress is not straightforward. At KPMG, our experience with global youth programmes gives us a deep understanding of our next generation talents’ challenges and potential. Through Gen2050, we are dedicated to equipping youth with the guidance, skills and networks they need to transform their aspirations into impactful, lasting change.” Ross Gan, President of IPRS, said, “Great ideas often make their biggest impact when they are clearly and authentically communicated in a manner that rallies others to the vision. At IPRS, one of our focus areas is on equipping youth and participants with practical strategies and skills to sharpen their messaging, build credibility, and drive action, ensuring their go-to-market solutions translate into real-world, measurable outcomes.” For more details about Gen2050’s structured accelerated programme and youth dialogues, please see: https://kpmg.com/sg/en/home/media/press-releases/2025/06/gen2050-youth-action-programme.html Hashtag: #KPMG The issuer is solely responsible for the content of this announcement. About KPMG KPMG in Singapore is part of a global organisation of independent professional services firms providing Audit, Tax and Advisory services. We operate in 142 countries and territories with more than 275,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. For more detail about our structure, please visit kpmg.com/governance. For more information, visit kpmg.com.sg LinkedIn: linkedin.com/company/kpmg-singapore About the National Youth Council At NYC, we believe in a world where young people are respected and heard and have the ability to influence and make a difference in the world. Together with our partners, we develop future-ready youth who are committed to Singapore by instilling in them a heart for service, resilience and an enterprising spirit. About the Institute of Public Relations of Singapore Established in 1970 as a non-profit organisation, IPRS is the only accrediting body for Public Relations (PR) practitioners in Singapore. The Institute promotes excellence in the industry through knowledge exchange platforms and training programmes that are aligned with the many changes and developments in the practice of PR and Communications today. IPRS has a growing membership consisting of professionals from diverse backgrounds in public relations, journalism, advertising, marketing, education, and management – a factor that has contributed to the Institute’s strength and dynamism. There are 10 Student Chapters with various tertiary institutions to create opportunities for communications students and IPRS members to share expertise and experiences. The IPRS introduced the Biennial PRISM Awards (Public Relations In the Service of Mankind) in 1987 to recognise and reward excellence in PR and Communications in Singapore and the region. About the SG

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HEIDELBERG focuses on economic efficiency in FY 2025/26 – operating margin set to rise further

Targets for financial year 2024/25 achieved – sales and adjusted EBITDA margin match previous year’s figure Significantly positive free cash flow of € 51 million China Print trade show’s positive impact on orders creates basis for good start to FY 2025/26 Areas with growth potential range from packaging and digital printing to software and lifecycle products Outlook for FY 2025/26 – slight increase in sales expected and adjusted EBITDA margin set to rise to as much as around 8 percent HEIDELBERG, GERMANY – Newsaktuell – 5 June 2025 – Heidelberger Druckmaschinen AG (HEIDELBERG) is starting financial year 2025/26 on a strong note. Based on its global market position, its portfolio expansion in strategic growth markets, and a much-improved cost basis, and despite a difficult economic climate, the company is expecting a slight increase in sales to around € 2,350 million in the new financial year and an adjusted operating margin of up to 8 percent. It sees growth potential in a number of areas. These include playing a leading role as a systems integrator for packaging and digital printing with hybrid printing solutions, combining software and service business in a digital ecosystem, and expanding the operation of charging infrastructure, including DC technology. HEIDELBERG is also expecting a big boost from the Asia/Pacific region. Healthy incoming orders at May’s China Print trade show confirmed this and created the basis for a successful start to the new financial year. HEIDELBERG is optimistic about FY 2025/26 and is opening the industry’s largest customer demonstration center for its 175th anniversary with the redesigned Home of Print. “Significant strategic and operational improvements have paved the way for further profitable growth,” said Jürgen Otto, CEO of HEIDELBERG. “Our measures will make a substantial contribution to the expected increase in sales. Enhanced efficiency and performance will further boost our profitability. Encouragingly, the capital market is also increasingly acknowledging our focus on economic efficiency and liquidity,” he added. Targets for financial year 2024/25 achieved – sales and adjusted EBITDA margin match previous year’s figure In financial year 2024/25, HEIDELBERG held its own in a difficult market environment and met its targets. The adjusted EBITDA margin remained stable at 7.1 percent, for example, ending the financial year on a successful note. The cost-cutting and efficiency measures initiated by the company successfully compensated for a slightly lower volume of sales than in the previous year, rising wage costs, and expenses relating to the drupa trade show. In the fourth quarter alone, the adjusted EBITDA margin doubled compared with the previous year and reached around 10 percent. At € 2,280 million, sales were slightly down on the previous year’s figure (€ 2,395 million). Following a weak first quarter due to purchasing restraint ahead of the drupa industry trade show, sales during the financial year increased quarter by quarter and were particularly strong in the fourth quarter. The free cash flow was once again significantly positive at € 51 million (previous year: € 56 million). China Print trade show’s positive impact on orders creates basis for good start to FY 2025/26 HEIDELBERG ended financial year 2024/25 with a high level of incoming orders. In the fourth quarter, the figure of € 611 million for incoming orders was up on the previous quarters of the financial year. One reason for this is the company’s global and diversified setup, which enables HEIDELBERG to benefit from the different growth dynamics in the individual regions. This is emphasized by the high level of incoming orders at May’s China Print trade show, which will have a positive impact in the new financial year. During financial year 2024/25 as a whole, HEIDELBERG generated incoming orders of around € 2,433 million, which was 6 percent up on the previous year’s level (€ 2,288 million). This also resulted in a corresponding big increase in the order backlog as at March 31, 2025 – from € 652 million on the same reference date the previous year to € 722 million. The Packaging Solutions and Print Solutions segments benefited from the product innovations presented at drupa. Their incoming orders for financial year 2024/25 both increased – by around 7 percent to € 1,272 million for the Packaging Solutions segment and by about 6 percent to € 1,155 million for the Print Solutions segment. “Thanks to the improving order situation and the positive momentum from the China Print trade show, we are expecting a better start to the new financial year than we had the previous year,” said Dr. David Schmedding, Chief Technology & Sales Officer at HEIDELBERG. “Our new portfolio of very large format presses for packaging reaffirms our approach of gradually further expanding our portfolio in growth segments. By also incorporating automation, robotics, and software, we now offer customers integrated end-to-end solutions for the entire production process. Our aim as a system provider is to tap into the sizable potential in the growing packaging segment. All in all, we are therefore embarking on the new financial year full of confidence,” he continued. Outlook for FY 2025/26 – slight increase in sales expected and adjusted EBITDA margin set to rise to as much as around 8 percent In view of macroeconomic developments, taking into account the various opportunities and risks, and assuming the global economy does not see weaker growth than predicted by the relevant institutions, the company is expecting sales of around € 2,350 million in financial year 2025/26 (2024/25: € 2,280 million). The EBITDA margin adjusted for special items is predicted to rise to as much as 8 percent (previous year: 7.1 percent). The changed segment structure at HEIDELBERG from April 1, 2025 means the company will, in the future, report figures for the Print & Packaging Equipment, Digital Solutions & Lifecycle, and HEIDELBERG Technology segments. The purpose of this new segment structure is to strengthen the focus on product-oriented management in line with market and customer needs, and also on systematically taking responsibility for results. Hashtag: #HEIDELBERG The issuer is solely responsible for the content of this announcement.

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Le Createur Design Wins Prestigious International Awards for Excellence in Interior Design

SINGAPORE – Media OutReach Newswire – 5 June 2025 – Le Createur, a Singapore-based interior design firm, has received international recognition at the 2024 London Design Awards and the 2024 K-Design Awards. These accolades acknowledge the firm’s expertise in residential, commercial, and hospitality design, recognising its ability to integrate functionality, aesthetics, and cultural heritage into well-executed spaces. Recognition for Interior Design Excellence Le Createur received multiple awards across various categories: At the London Design Awards, the firm received: Gold Awards: Baba Nyonya – Interior Design (Residential) Teal & Gold – Interior Design (Beauty Salon) Sandy Lust – Interior Design (Beauty Salon) Tropicana Serenity – Interior Design (Spa / Fitness) Silver Awards: Chilly House – Interior Design (Residential / Showroom / Exhibit) Desert Dessert – Interior Design (Restaurants & Bars) Le Createur was also recognised at the K-Design Awards, receiving: Winner – Interior Design (Residential): Singapore Condominium in Baba Nyonya Style Winner – Interior Design (Residential): Singapore HDB in Mid-Century Modern Style This international recognition highlights the firm’s ability to integrate cultural heritage with contemporary aesthetics in its interior designs, creating functional and visually refined spaces tailored to modern living. Industry Recognition and Market Impact Le Createur’s recent awards provide third-party validation of its expertise, reinforcing its credibility and industry standing. These accolades distinguish the firm in a competitive market, recognising its approach to high-quality and innovative interior design. This international recognition for interior design strengthens client confidence and enhances brand visibility, creating opportunities for media coverage, industry acknowledgment, and collaborations. It also supports connections with industry leaders, suppliers, and designers, contributing to ongoing professional development and design innovation. Commitment to Design Excellence Le Createur applies a structured approach to balancing aesthetics and functionality, ensuring that interior spaces are visually refined and practical. Each project is designed with spatial efficiency, material selection, and usability in mind, creating cohesive and well-integrated environments. Le Createur’s international recognition for interior design reflects its expertise as a retail space designer and a residential and commercial interiors specialist. The firm adapts to various design styles while maintaining a detail-oriented approach. Its portfolio includes modern minimalist homes, heritage-influenced interiors, and commercial spaces, demonstrating its ability to deliver customised and well-executed design solutions. “Every project we undertake is driven by a focus on design that is both functional and aesthetically refined,” said Axvin, Lead Designer at Le Createur. “This international recognition for our interior designs reaffirms our approach and motivates us to continue refining our design solutions.” Design Expertise and Project Execution Le Createur’s portfolio spans modern home interiors, Muji-inspired BTO homes, and statement-making spaces. Its ability to adapt to varied client preferences, functional needs, and spatial requirements ensures that designs are cohesive and practical. The firm follows a structured and transparent process, keeping clients informed from consultation to project completion. A well-defined workflow facilitates efficient project execution, ensuring that design and implementation align with project requirements. Future-Focused Interior Solutions Le Createur continues to refine its approach by integrating sustainable materials, smart technology, and biophilic elements into its projects. This ensures that future designs remain adaptable, functional, and efficient, aligning with evolving industry standards. Hashtag: #LeCreateur The issuer is solely responsible for the content of this announcement. About Le Createur Founded in 2010, Le Createur is a Singapore-based award-winning interior design firm specialising in residential, commercial, and hospitality spaces. The firm focuses on functionality, material selection, and personalised design, creating interiors that balance aesthetics with practicality. Its portfolio includes modern minimalist homes, heritage-inspired interiors, and commercial projects, demonstrating its adaptability in delivering tailored and well-executed design solutions. For more information, visit https://lecreateurinterior.com/.

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Indonesia Cements Status as China’s Top ASEAN Partner with Historic Currency Pact – EBC Financial Group Insights

With bilateral trade projected to hit USD160B in 2025, Indonesia’s Yuan-Rupiah pact with China for de-dollarisation and reshapes ASEAN’s financial future. JAKARTA, INDONESIA – Media OutReach Newswire – 5 June 2025 – As one of China’s largest ASEAN trading partners, with bilateral commerce reaching USD147.80 billion in 2024 (6.1% YoY growth), Indonesia has solidified its economic ties with China. During Chinese Premier Li Qiang’s state visit ahead of the ASEAN-GCC-China Summit, the two nations signed four new MoUs—most critically, an upgraded Local Currency Settlement (LCS) pact between Bank Indonesia (BI) and the People’s Bank of China (PBOC). EBC Financial Group (EBC), a leading brokerage firm, examines how this agreement redefines Indonesia’s economic resilience. Sectoral Wins: The Foundation for Deeper Ties The accords support Indonesia’s LCS framework across key sectors. Trade and tourism will benefit from streamlined visa policies, targeting 2 million Chinese visitors in 2025. A USD5 billion commitment for twin industrial parks (Fujian-Batang SEZ) will create over 100,000 jobs. Soft power initiatives, like joint TB vaccine research and media collaboration, strengthen people-to-people ties. The LCS Breakthrough: Financial Sovereignty in Action The BI-PBOC agreement enables Rupiah-Yuan use in capital accounts, offering three advantages: Trade Shield: Bilateral trade (USD147.80B in 2024, +6.1% YoY) avoids costly USD conversions for exports like palm oil and nickel. Rate Cut Buffer: BI gains flexibility with 5.3% of reserves in yuan, easing policy without destabilising the Rupiah. BRICS Leverage: Access to New Development Bank funding supports President Prabowo’s USD20B infrastructure agenda, reducing dollar reliance. “This isn’t just about cutting transaction fees—it’s a recalibration of Indonesia’s financial DNA,” says David Barrett, CEO of EBC Financial Group (UK) Ltd. “By enabling Yuan-backed trade and investment flows, BI is building a hedge against Fed policy shocks.” ASEAN’s New Template: Unity Amid Global Realignments China-ASEAN trade hit USD330B (Jan-Apr 2025, +9.2% YoY), with Indonesia leading regional integration. The upgraded CAFTA 3.0 and ASEAN-GCC-China Summit highlight diversified economic partnerships. As Barrett notes, “Indonesia is crafting a blueprint for monetary diversification. The Local Currency Settlement (LCS) deal illustrates how mid-sized economies can reduce overreliance on a single dominant currency, balancing regional cohesion with global standards.” Hashtag: #EBCFinancialGroup #BRICS https://www.ebc.com/https://www.linkedin.com/company/ebcgroup/https://x.com/EBCGROUP_Globalhttps://www.instagram.com/ebcfinancialgroup/ The issuer is solely responsible for the content of this announcement.

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Gold market: May 2025 overview and June 2025 outlook. A monthly digest by the global broker Octa

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 June 2025 – May proved to be a rather challenging month for gold traders. XAUUSD, the primary financial instrument for trading gold, fluctuated in a relatively broad range between $3,120 and $3,435 per ounce (oz), but finished the month virtually unchanged, narrowly recording a fifth consecutive monthly gain. Although trading started on a bearish note, XAUUSD found support in the $3,200 area and even rebounded slightly. However, the failure to confidently break above the critical $3,430 mark led to a short-term bearish trend, with prices falling by nearly 9% by mid-May. Subsequently, technical dip-buying and robust safe-haven demand spurred a recovery in XAUUSD, which remained comfortably above its 50-, 100-, and 200-day moving averages (MAs). Nevertheless, May marked the first month since November 2024 when gold did not reach a new all-time high. Notably, the monthly chart for May has formed a strong doji candlestick, potentially signalling traders’ indecision and a possible mid-term reversal. Overall, the past month presented a rather bumpy ride for traders as it was fueled by a series of notable market-moving events (outlined below). Gold investors contended with persistent trade-related news, shifting geopolitical dynamics in the Middle East and Eastern Europe, rapidly changing monetary policy expectations and U.S. recession probabilities as well as escalating concerns regarding global debt and weakening U.S. dollar. Demonstrating its traditional role, gold once again highlighted its inherent value as a safe-haven asset, potentially indicating continued positive performance in the near future. Major market-moving events: 5-6 May. XAUUSD rallied by more than 6% in just two days as buying from China increased after its markets reopened following a long Labour Day holiday, which ran from 1 May to 5 May. In addition, President Trump’s announcement of a 100% tariff on foreign films renewed trade war fears, weakened the U.S. dollar, and made gold more appealing to holders of other currencies. 7-8 May and 12 May. Gold started to pull back from the $3,430 level as the market began to price in the potential easing of trade tensions ahead of the scheduled meeting between the U.S. Treasury Secretary Scott Bessent and Vice Premier of China He Lifeng in Geneva, Switzerland. Furthermore, the U.S. announced a ‘breakthrough’ trade agreement with Britain, which had an additional bullish impact on the greenback (and a bearish impact on the bullion). Improving risk sentiment and rising hopes for the normalisation of global trade relations culminated on 12 May when the U.S. and China announced that they managed to reach a temporary trade deal. As a result, gold prices plunged by as much as 3% on 12 May and continued to fall for another three trading sessions. 15 May. Gold began to erase earlier losses after touching critical support in the 3,150 area, which triggered a flow of pending buy-limit orders, helping pull XAUUSD up by almost 2%. In addition, soft U.S. Producer Price Index (PPI) data prompted investors to expect more rate cuts by the Federal Reserve (Fed), further supporting gold prices. 20 May. As investors were still digesting the long-term implications of Moody’s downgrade of the U.S. debt, U.S. President Donald Trump was attempting to convince his fellow Republicans in the U.S. Congress to unite behind a sweeping tax-cut bill, which is widely expected to worsen the federal budget deficit outlook. As a result, the U.S. dollar continued to fall, while gold’s price rose towards $3,300 per oz. 23 May. Gold prices rose by almost 2%, achieving their best week in six. This was largely due to investors seeking a safe haven as U.S. President Donald Trump renewed tariff threats, recommending a 50% tariff on European Union (EU) imports from 1 June and stating that Apple would face a 25% tariff on iPhones made outside the U.S. 29 May. After declining for the previous three trading sessions, XAUUSD rose again after a U.S. appeals court reinstated President Donald Trump’s sweeping tariffs, just a day after most of the tariffs were blocked by a trade court. ‘May was a wild ride for the gold market thanks to America’s erratic trade policies,‘ says Kar Yong Ang, a financial market analyst at Octa broker. ‘Ever since Trump announced his reciprocal tariffs in April, they have been repeatedly delayed, adjusted, challenged, blocked and reinstated, sowing chaos, breeding uncertainty and leaving traders with no clear direction‘. Indeed, as mentioned previously, the XAUUSD monthly chart shows a significant doji candlestick for May, indicating trader indecision and a potential mid-term reversal. In fact, the short-term trend from 22 April can generally be described as ‘sideways’, as traders are unsure about the bullion’s next big move..However, the broader, long-term trend is still decidedly bullish, as gold’s price remains comfortably above key trendlines and MAs. Overall, chaotic U.S. trade policy, rising fears about the sustainability of the U.S. twin deficits (fiscal and trade), endless geopolitical tensions and political instability, and solid structural demand on the part of central banks helped keep the bullion’s price near all-time highs. In addition, the big technical picture has been positive, resulting in trend buying by investors. Physical demand for bullion has been a key driver behind the rising price of gold in recent months. Just recently, a Hong Kong Census and Statistics Department (C&SD) report showed that China’s total gold imports via Hong Kong nearly tripled in April, hitting their highest level in more than a year. A total of 58.61 metric tons (mt) of gold was imported via Hong Kong in April, up 178.17% from 21.07 tons in March. And these figures may not even provide a complete picture of Chinese purchases, as gold is also imported via Shanghai and Beijing. Indeed, the People’s Bank of China (PBoC) has been actively adding gold to its reserves for six straight months. According to the World Gold Council, PBoC added 2.2 mt to its gold holdings in April, which now stand at 2,295 mt, 6.8% of total reserve assets. Other countries, notably India and Russia, also continued to stockpile gold. Overall,

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VinFast Philippines secures official CAMPI membership

MANILA, PHILIPPINES – Media OutReach Newswire – 5 June 2025 – VinFast Philippines has officially joined the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), marking a key step in its efforts to strengthen its presence in the local automotive industry. Ms. Mai Anh, CEO of VinFast Philippines (center left), and Mr. Rommel Gutierrez, President of CAMPI (center right), at the event celebrating CAMPI’s 30th anniversary. Founded in 1995, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has been instrumental in championing the interests of the automotive sector, contributing significantly to the nation’s economic growth. As of May 2025, the association accounts for more than 92 percent of Philippine auto sales. Committed to developing a viable and self-sustaining local industry, CAMPI works closely with the government and key stakeholders to shape policies, regulations, and standards that drive economic growth. Through its efforts, CAMPI promotes investment, job creation, skills development, technology transfer, environmental protection, and road safety across the sector. As a member of CAMPI, VinFast will work alongside other leading automotive players to help shape policies, programs, and industry standards that support innovation and sustainable growth. Ms. Doan Thi Mai Anh, CEO of VinFast Philippines, shared: “We are proud to announce that VinFast is now an official member of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), the country’s leading automotive industry association. This milestone marks a significant step forward in our commitment to shaping the future of mobility in the Philippines through clean, smart, and sustainable transportation. As a CAMPI member, VinFast will actively collaborate with industry leaders, policymakers, and stakeholders to support innovation, infrastructure, and responsible vehicle manufacturing and distribution across the nation. Joining CAMPI strengthens our mission to accelerate the transition to electric vehicles and contribute to the long-term growth and sustainability of the Philippine automotive sector.” Mr. Atty. Rommel Gutierrez, CAMPI President, shared: “We are honored to extend a warm welcome to VinFast – Vietnam’s pioneering electric vehicle manufacturer – as one of the newest members of CAMPI. VinFast’s entry, as a pure electric mobility brand, marks a significant milestone that is poised to inject renewed momentum into the Philippine automotive industry. By introducing innovative, environmentally sustainable, and accessible transportation solutions, VinFast is expected to play a vital role in advancing the country’s journey toward a greener and more sustainable future.” After a year since its market entry in the Philippines, VinFast has steadily expanded its presence with its portfolio of smart EV models, attractive sales offerings, and a continuously refined after-sales support system. With strong backing from Vingroup, Vietnam’s leading conglomerate, and the strategic determination of Chairman Pham Nhat Vuong, VinFast is actively pursuing the development of a comprehensive “For a Green Future” ecosystem across Southeast Asia, placing strong emphasis on the collaborative growth of charging infrastructure and service networks. This framework, established successfully in Vietnam, is now being extended to promising markets such as the Philippines. With a diverse portfolio that includes the VF 3, VF 5, VF 6, VF 7, and VF 9, VinFast offers a broad range of sustainable mobility solutions. The VinFast VF 6, in particular, is poised to be a key driver for EV adoption in the Philippines, building on its strong performance in Vietnam and favorable reception in European markets. It presents an enticing and affordable option for Filipino consumers eager to embrace eco-friendly transportation. Hashtag: #vinfast The issuer is solely responsible for the content of this announcement. About VinFast VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, e-bikes, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at https://www.vinfastauto.ph/

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Bank Muamalat launches ATLAS, Malaysia’s first faith & lifestyle-aligned Islamic digital-only bank

Pioneering Sharia-compliant faith-aligned digital banking transformation in Malaysia enabled by Backbase’s AI-powered Banking platform KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 June 2025 – Backbase, the global leader in AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative leap in Bank Muamalat’s journey to redefine Islamic banking, positioning it as a pioneer in Malaysia’s rapidly expanding digital banking landscape. By harnessing Backbase’s AI-powered Banking Platform, ATLAS delivers a faith-aligned digital experience with seamless onboarding, DuitNow integration, Shariah-compliant financing, and personalized servicing — setting a new benchmark for Islamic financial services in the region. “ATLAS is more than a digital bank. It is a bold reimagination of Islamic finance for the modern era, built around the values, lifestyles, and aspirations of our customers,” said Khairul Kamarudin, President & Chief Executive Officer of Bank Muamalat. “It reflects our commitment to leading the next era of Islamic banking that is digital, inclusive, and purpose-driven. Our collaboration with Backbase has played a key role in enabling us to deliver an experience that is seamless, secure, and rooted in faith — one that redefines how banking is lived in today’s digital world.” A faith-driven approach to digital transformation ATLAS is designed to meet the growing demand for digital financial solutions that align with customers’ faith and lifestyles. Since its pilot phase, the platform has already demonstrated strong early results — enabling faster rollout of new products and improving customer acquisition efficiency through a more streamlined onboarding experience. In the coming months, ATLAS will expand its product offerings to include digital debit and credit cards, flexible personal financing, and a Shariah-compliant gold investment account. These new products will be seamlessly integrated into the existing platform and will further strengthen ATLAS’s position in the Islamic digital banking landscape. To enhance customer loyalty, ATLAS introduces a unique rewards program that connects users to exclusive lifestyle offers through curated partners, including well-known brands and services across diverse industries. A partnership for banking growth in Asia Prior to launching ATLAS, Bank Muamalat faced the common industry challenge of fragmented legacy infrastructure. The Backbase AI-powered Banking Platform provided a unified and modular foundation, enabling Bank Muamalat to accelerate its digital roadmap with agility and control. “We’re proud to support Bank Muamalat’s bold vision with our AI-powered Banking Platform,” said Riddhi Dutta, Regional Vice President for Asia at Backbase. “ATLAS is a shining example of how composable banking architecture can deliver tailored, lifestyle-aligned experiences while scaling innovation rapidly across markets. It also reinforces our growing presence in the Islamic banking sector, and exemplifies how Backbase serves as a strategic growth platform for banks seeking to modernize and expand their digital footprint.” Backbase supports over 150 banks worldwide, including Islamic institutions like Libyan Islamic Bank, ila Bank, Bank Al Bilad, and Saudi National Bank — as well as Asia-Pacific leaders such as BDO Unibank (Philippines), HDFC Bank (India), Techcombank (Vietnam) and MyState Bank (Australia). Hashtag: #Backbase #digitalbanking #AIPoweredBanking #ArtificialIntelligence #retailbanking #omnichannelbanking #businessbanking #smebanking #corporatebanking The issuer is solely responsible for the content of this announcement. About Backbase Backbase is on a mission to put bankers back in the driver’s seat — fully equipped to lead the AI revolution and unlock remarkable growth and efficiency. At the heart of this mission is the world’s first AI-powered Banking Platform, unifying all servicing and sales journeys into an integrated suite. With Backbase, banks modernize their operations across every line of business — from Retail and SME to Commercial, Private Banking, and Wealth Management. Recognized as a category leader by Forrester, Gartner, Celent, and IDC, Backbase powers the digital and AI transformations of over 150 financial institutions worldwide. See some of their stories here. Founded in 2003 in Amsterdam, Backbase is a global private fintech company with regional headquarters in Atlanta and Singapore, and offices across London, Sydney, Toronto, Dubai, Kraków, Cardiff, Hyderabad, and Mexico City. Learn more at www.backbase.com. About Bank Muamalat Bank Muamalat is a leading Islamic bank, established on 1 October 1999, and is governed by Islamic Financial Services Act 2013 (IFSA). As a full-fledged Islamic financial institution, the bank offers its customers a broad range of services, meeting the needs of both individuals and institutions. Bank Muamalat provides individuals with services ranging from deposit accounts, asset management, financing needs for automobiles, homes and personal use as well as wealth management products such as family and general takaful, investments, Islamic estate planning to non-financial products such as Islamic funeral management, Quranic learning and halal tours. The Bank offers corporate and institutional customers the full product range of a leading corporate and investment bank, from cash management, payment solutions including trade and export finance to international foreign exchange, financing and capital market transactions. Bank Muamalat has a presence nationwide via a network of 68 branches. In addition, Bank Muamalat also has its electronic channels encompassing i-Muamalat (the Bank’s internet banking solution) and our Self Service Terminals (SST) which are available at almost 141 locations through its network of ATMs, CDMs and CICOs. We also provide corporate internet banking at your convenience. Bank Muamalat is a member of the DRB-HICOM Berhad Group which owns 70% of the Bank’s shares with the remaining stake held by Khazanah Nasional Berhad. Bank Muamalat was officially accepted as a member of Global Alliance for Banking on Values (GABV) on 15 November 2017. Signaling a growing appetite for the values-based banking movement, Bank Muamalat is the first Islamic bank in the world and the first in the Southeast Asian region to be accepted as a member of GABV.

Media OutReach

Sentosa Development Corporation And Mount Faber Leisure Group Celebrate SG60 With ‘Peranakan Reimagined’ Showcase

SINGAPORE – Media OutReach Newswire – 5 June 2025 – Sentosa Development Corporation (SDC) and Mount Faber Leisure Group (MFLG) have collaborated to transform Sentosa for ‘Peranakan Reimagined’ — a vibrant showcase that reimagines Peranakan culture through a contemporary lens. A double celebration in commemoration of SG60 as well as the 10th year anniversary of the Singapore Cable Car – Sentosa Line, this showcase will run from 23 May to 31 August 2025. The Peranakan Reimagined weaves a tapestry of nostalgia and heritage with immersive storytelling, inviting visitors to rediscover the richness of Peranakan culture through vibrant installations, projection artworks, performances, and workshops and specially curated Peranakan dining experiences across Sentosa. The showcase pays tribute to Peranakan heritage as a part of Singapore’s cultural identity, while reimagining it for today’s audiences. Sensoryscape: A Cultural Playground for your Senses At Sensoryscape, which is centered around the engagement of the five senses and the sixth sense of imagination, the Peranakan Reimagined showcase transforms the multi-sensorial thoroughfare into a bold celebration of culture, brought to life through immersive larger-than-life displays where guests can see, hear, touch, and experience Peranakan heritage reimagined for today’s audiences. At the heart of the experience stands a striking 7.2-metre-tall Peranakan-inspired house at Lookout Loop, aptly named The Peranakan House — a stunning photo spot by day that transforms into a vivid projection-mapped canvas by night. A grand reimagination of a traditional Peranakan home, this larger-than-life centrepiece adorned with intricate detailing and bold colours is a tribute to the artistry and elegance of Peranakan design. A visual journey unfolds through a curated collection of photographs within the centrepiece with contributions by various partners, capturing the spirit of various Peranakan communities. As the sun sets, The Peranakan House comes alive with a whole new nighttime experience, with dynamic multimedia storytelling and projection artwork, illuminating the rich textures of past Peranakan life — from its intricate motifs and architecture to beloved cuisine and traditions which can be admired from different angles while strolling along Lookout Loop. Within the Field of Beaded Blooms at Tactile Trellis, guests can also look forward to an immersive day to night experience, where the garden’s 198 panels have been transformed with vibrant designs inspired by the intricate beadwork of kasut manek – traditional Peranakan slippers. At the heart of Tactile Trellis, stands a pair of larger-than-life beaded Peranakan slippers where guests are invited to experience and feel the intricacy of Peranakan craftsmanship. Come nighttime, a new light show at Tactile Trellis brings batik motifs to life through stunning digital light art displays. As guests continue their journey down Sensoryscape, dotted throughout the main walkway, guests can discover the Giant in Grace @ The Walkway. The resting areas that line the entire stretch have been transformed into a showcase of larger-than-life Peranakan-inspired installations, including traditional Peranakan storage jars known as kamcheng, ornate teapot sets, wedding baskets, sequinned artworks and more. The sequinned installations reveal an unexpected transformation when viewed through a camera lens, surprising visitors with fresh perspectives of familiar Peranakan icons. Beyond Tactile Trellis and Lookout Loop, the other gardens of Sensoryscape have been refreshed to showcase different aspects of Peranakan culture that engage all senses. The showcase spans from traditional food displays complete with recipes contributed by the partners – to fashion with kebaya displays, musical instruments and various other cultural replica artifacts. These thoughtfully curated exhibits and displays are designed to provide guests with a multi-sensorial experience of Peranakan culture, reimagined in a whole new way. Adding to the Peranakan atmosphere, Sensoryscape will come alive with vibrant live music performances by Peranakan singing group, Peranakan Sayang, and the monthly Sentosa Festive Market at Palawan Beach Walk will be complemented by Peranakan-inspired workshops such as felt beaded slipper making and more. Singapore Cable Car – Sentosa Line: A Moving Tribute To mark the 10th anniversary of the Sentosa Line, the cable car cabins have been transformed with vibrant Peranakan-inspired designs. Each cabin features a striking palette of pastel hues, ornate tiles, and intricate motifs, taking inspiration from the historic shophouses of Koon Seng Road — once home to Singapore’s Peranakan community. Developed with the creative input of Baba Alvin Yapp of The Intan Peranakan Home Museum, these heritage-inspired cabins turn the skies above Sentosa into a moving tribute to Peranakan culture, offering guests an aerial preview of the island-wide celebration as they journey across Sentosa’s golden beaches and coastal forests. As part of the celebrations, local residents can also enjoy special 1-for-1 Sentosa Line promotions between 23 May to 31 August 2025 — including a Sentosa Line round trip for two at only $4 (U.P. $4 per adult, $3 per child) or 1-day unlimited rides for two at $14 (U.P. $27 per adult, $22 per child). This promotion is available only for tickets purchased at the Sentosa Line — Sensoryscape Station Ticketing Counter and the Guest Service Centre at Sensoryscape. Sensoryscape Cable Car Station: Celebration of Kebaya Heritage In celebration of the kebaya’s inscription on UNESCO’s Intangible Cultural Heritage list in 2024, a special showcase is now on display at both levels of the Sensoryscape Cable Car Station. Curated with recommendations from The Peranakan Association Singapore, the exhibition features eight distinctive kebayas by four acclaimed Singaporean designers, each offering a fresh interpretation of this iconic garment. Among the highlights is Kebaya Biku by Baba Raymond Wong of Rumah Kim Choo — a replica of the kebaya designed for actress Tasha Low’s character in the hit TV series Emerald Hill – The Little Nyonya Story. Other featured designers include Ratianah Tahir, known for her timeless Malay and Peranakan silhouettes; Kavita Thulasidas, who brings bold, cross-cultural flair; and Ada Goh, whose vibrant, nature-inspired batik artistry adds a contemporary twist. Together, their creations celebrate the kebaya’s enduring legacy and evolving relevance. Guests can also visit the Sentosa Shop @ Sensoryscape to enjoy a kebaya dress-up experience, browse a curated selection of kebayas and beaded shoes, and shop a range of Peranakan-inspired merchandise. Siloso Point Cable Car Station:

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